Klci
Oct05 - FKLI (1D) - Sideways Down, Consolidate btw 148x-152x 🐻Overall, still Bearish on the big picture, just taking some time -- it's FKLI ☺️🤷🏻♀️
Watch support like a hawk, S @ ~148x ❇️
Also note: Risk of gloves FOMO, since COVID starts spiking again, somewhat a Bullish factor for the index.
Happy Hunting! 🥂🚀
-jk-
It's all about the Dollar: USD and the Malaysian KLCII would argue that since 2014, the Dollar has been the single most important indicator for Malaysia's KLCI, and perhaps for most Emerging Markets.
Note the inverse correlation between the DXY Dollar Index vs KLCI.
With the Dollar finally finding some support and perhaps making a bottom (temporary or longer-term, who knows?), will probably mean a consolidation spell for the KLCI.
Aug26 - FKLI (Daily) - Bearish <154x, Potential Target 148x-150xFailing S1 will invite BEARS, my MAJOR position targets are: 148x-150x, 138x-140x
Don't forget to refer back to midterm ABC correction post below for potential minor targets.
Faster Update on T3L3gram: MyTradingSpace by JK
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
KRETAM - Potential Buy on Breakout (BOB) - 17 August 2020Technically, Price just crossed up MA20 and breaks from the consolidation box in daily time frame.
In my opinion, KRETAM will breaks the descending upper trendline and reach RM0.50 ( psychological level ) for the third time.
If buying interest is higher than the selling pressure (successful breakout), the stock has potential to reach RM0.56.
The best entry price for BOB is RM0.49 and the price MUST maintain above the decending upper trendline or else it is a false breakout.
For swing traders, the best entry is last week when the price was consolidated between RM0.455 until RM0.475.
The next best entry is between RM0.480 until 0.490 with cutloss price when the price move back into the consolidation box (RM0.475 and below)
Symlife - Kekuatan pada gelombang ketigaAnalisis Symlife -
Kelihatan Symlife sedang membuat gelombang impulsif 12345 berbanding 3 gelombang korektif ABC kerana gelombang ketiga telah memecahkan Ascending Channel gelombang 1 dan 2.
Ini adalah panduan secara umum sahaja, kerana gelombang C juga boleh menjadi kuat seperti gelombang ketiga kerana sifatnya yang terdiri daripada5 sub gelombang impusif.
Admin menantikan potensi kenaikan lagi dari Symlife.
Abang Doji
MQTECH - Sedikit Pendapat bagi Yang SangkutAnalisis Mqtech
- Kenaikan Mqtech telah selesai untuk wave yang pertama.
-Kejatuhan Mqtech kini telah kelihatan siap dalam bentuk 3 gelombang. Sekiranya ia kekal 3 gelombang, maka kejatuhan ini akan dilabel "koreksi".
- Sekiranya kejatuhan ini disusuli dengan kenaikan yang kecil, kemudian harga membuat satu lagi paras kerendahan yang baru, maka Mqtech telah kelihatan membuat 5 gelombang kejatuhan. Sekaligus kenaikan sebelum ini yang akan dilabel "koreksi".
- Bagi yang sangkut, perhatikan harga sekiranya berjaya memecahkan paras RBS RM0.205-RM210 tanpa membuat kerendahan yang baru.
- Bagi yang belum masuk, elakkan dahulu. Carilah entry hanya sekiranya harga memecahkan paras RM0.300-RM0.305. Itu kemungkinan kenaikan gelombang ketiga yang kuat dan impulsif.
Abang Doji.
Aug10 - FKLI (1D) - Failing Major UTL, Potential Test S@150x-2xFailing to stay above:
1) Major UTL carrying rally from 12xx COVID-lows
2) Unable to stand above 158x-160x immediate resistance zone
These will lead to further correction. 🐻🐻
near term target: S@~150x-2x, daily ema100
Refer back prev FKLI post for multiple horizontal support zone;
also, not to forget mid-term major correction back to 140x which is still in progress 👇🏻👇🏻
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
Aug03 - FKLI (1D) - Failing Major UTL, Will Invite Bears...🐻Prev post support target, S1: 154x-6x reached~ ✅
After whipsawing between 158x-161x for the most part of July, I believe we'll see further weakness on the index in August month;
with prolonged momentum weakness since June top, while price now testing the major UTL carrying rally from sub-1400. ⚠️
Watch: UTL (blue),
If UTL fail, we will see further weakness ahead. 🐻🐻
Multiple major & minor horizontal Support <156x has been marked. :)
Happy Hunting! 🚀🚀
-JK- MyTradingSpace
PDZ Long Trading PlanDisclaimer : This analysis is not meant for buy call, but personal trading idea log for reference.
Analysis is based on trendline and channel. Confirmation on our long position are based on RSI , Stoch , MACD and MCDX (indicator by @kgiap123).
PDZ is in uptrend and had a retracement from 14 - 21 July this is confirms by the channels, trendline drawn based on LL, LH, HL and HH indication on chart. Retracement on 13 July 2020 is noted based on the HH indicator thus a down trenline is drawn and monitor if there is any breakout in daily chart . Today 22 July a breakout happened at daily chart in the evening. The uptrend may continue tomorrow, and perhaps would break the RM0.210 resistance with good momentom shown in MCDX and good volume.
Confirmation of long position are based on:
- MACD crossed up.
- RSI > Stochastic
- MCDX that indicate smart money still high more than 50%.
JFTECH long trading planDisclaimer : This analysis is not meant for buy call, but personal trading idea log for reference.
Analysis is based on trendline and channel. Confirmation on our long position are based on RSI, Stoch, MACD and MCDX (indicator by @kgiap123).
JFTECH is in uptrend and this is confirms by the channels, trendline drawn based on LL, LH, HL and HH indication on chart. Retracement on 9 July 2020 is noted based on the HH indicator thus a down trenline is drawn and monitor if there is any breakout in daily chart. Today 21 July a breakout happened at daily chart. The uptrend may continue tomorrow, and if it breaks the HH resistance line, it may go higher. Based on fibonacci indicator for a long position trade can reach highest TP at RM4.50.
Confirmation of long position are based on:
- MACD crossing up forming.
- RSI > Stochastic
- MCDX that indicate smart money still high more than 50%.
BSTEAD Long Trading PlanDisclaimer : This analysis is not meant for buy call, but personal trading idea log for reference.
Analysis is based on trendline and channel. Confirmation on our long position are based on RSI , Stoch , MACD and MCDX (indicator by @kgiap123).
BSTEAD is in downtrend and BO happen yesterday, 21 July at 0.565. This is confirms by the drawn trendline based on HH & LH indication on chart. Pullback continue on 22 July with a significant volume and break HH resistance as indicated in chart at 0.755. The uptrend may continue tomorrow, and if it breaks the HH resistance line, it may go higher. Based on fibonacci indicator and history SNR the TP are as shown in chart above, highest 0.985.
Confirmation of long position are based on:
- MACD crossing up formed.
- RSI still not overbought.
- MCDX that indicate smart money just appeared and more than 50%.
July22 - FKLI (1H) - Quick Update: Weakness towards 154x-6xcontinual weakness as price failed to stand above 1600 mark 3times in a row in July.
Shall 158x fails to hold, we may see weakness towards 154x-6x support zone.
Meanwhile, mid-term ABC correction still in progress... ;)
Happy Hunting! 🏹🎯
-jk-
JHM long trading planDisclaimer : This analysis is not meant for buy call, but personal trading idea log for reference.
Analysis is based on trendline and channel. Confirmation on our long position are based on RSI , Stoch , MACD and MCDX (indicator by @kgiap123).
JHM continuing it uptrend after break the previous trendline on 29 May and 12 June, and this is confirms by the channels, trendline drawn based on LL, LH, HL and HH indication on chart. Retracement on 9 July 2020 is noted based on the HH indicator thus a down trenline is drawn and monitor if there is any breakout in daily chart . Today 21 July a breakout happened at daily chart . The uptrend may continue tomorrow but it need to break the upper trendline at 1.660 (it closed price) , and if it breaks the trendline, it may go higher to the 1st TP - RM1.755 and if the uptrend continues it may go to next TP at RM2.35.
Confirmation of long position are based on:
- MACD crossing up forming.
- RSI > Stochastic
- MCDX that indicate smart money still high more than 50%.
July08 - CPO (1D) - Next test on 230x-3x Support CRUCIAL! ⚠️CPO still playing within 230x-240x range, which has pretty much defined price movements back in June.
Next test on S1: ~230x will be crucial for CPO mid-term (3Q2020) outlook.
Slight biased to the bears as of writing. Shall S1 fail on next test, major target will be S2 zone.
Levels to Watch:
Major R: 244x-6x
Major S1: 230x-3x
Major S2: 220x-3x
Happy Hunting! 🏹🎯
-jk-